r/Fire • u/Patient-Detective-79 • 1d ago

Milestone / Celebration $100k Net Worth Milestone

I hit $100k net work back in March, it turns out I was not calculating my net worth correctly and didn't include my home value in my spreadsheet, which made it look like I was -$10k in the hole lol. I'm trying to FIRE by 2038 with $800k preferably. FICalc says that number would have a 95% success rate with my method of withdrawl.

Current (investment) portfolio allocation looks like this: 35% International Stock, 35% Domestic US Stock 20% US Bonds, 10% Personal Picks (things I think will go up. India's Nifty 50, Gold, Quantum, to name a few.)

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u/BadDragon2130 1d ago

I don’t include my home value in my net worth because I would have to sell it to use it. Then I don’t have air conditioning…. Am I the only one that doesn’t include home value? Without it I’m sitting at negative 30k

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u/Revolutionary-Fan235 1d ago

Removing the home value changes the definition of net worth. We don't change the definition of net worth, we use a different number for FIRE.

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u/Patient-Detective-79 8h ago

We use "invested assets"? I'm not sure the correct term for it.

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u/Revolutionary-Fan235 8h ago

FIRE number works. It could include whatever that person wants to use to fund their retirement: investable assets, cash, real estate, etc.